Although Ethereum has firmly established itself as the leading blockchain platform capable of running smart contracts, it isn’t without its defects. It has solved some of its problems, such as enormous energy consumption by switching to a proof-of-stake consensus protocol. However, scaling issues continue to exist. Ethereum has a low transaction throughput (approximately 15 transactions per second), slow transaction finality (around 1 minute), and at times high gas fees when the network is under strain.
Avalanche is an independent blockchain platform designed to overcome some of the barriers to scalability mentioned above. In this article, we will explore what Avalanche is and its benefits compared to other blockchain platforms. We will also create an ERC-20 smart contract on Avalanche from scratch using Infura.